JimVanMeerten (62.29)

Do Not Panic

2

Quick note: Do not panic. The sky is not falling. Last earnings season 85% of all earnings consensus were wrong. Those companies that report good sales and earnings but miss consensus will drop temporarily.

Have faith and believe in the Barchart Opinions and Trend Spotter (tm)

No thanks. The VIX has made a definitive turn, the dollar has made a definitive turn, and S&P charts currently look pretty bearish. I'm not shorting anything here, but I'm not buying this "dip" either. How is the whole BAC putback deal going to work out? It might be no big deal, but it could be the catalyst for panic/crash...